Bank signs agreement to give farmers Sh1bn loan

Exim Bank Tanzania has signed a $20 million (about Sh42 billion at the prevailing exchange rate) loan agreement with Germany’s private enterprise lender, Deutsche Investitions und Entwicklungsgesellschaft MBH (DEG) to support Tanzania’s small and medium-sized enterprise sector (SME).

The NBC Head of Corporate and Investment Banking, Theobald Sabi (left) signs documents with Executive Director for MTT Limited which is the sole authorised dealer of JCB products in Tanzania, Mr Andrew Fimister (right) at an event where the two signed Preferred Supplier Agreement on behalf of their two organisations in Dar es Salaam on Friday. The agreement allows the facilitation of the origination of financing of JCB goods with NBC as the preferred financier and MTT as the ...

   Mr Sunday Shomari of VOA's Swahili Service (left) chats with senior officials from the Treasury before the signing ceremony of  a landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on...

Finance Minister Hon. Saada Mkuya Salum speaks during the signing ceremony of CRDB Bank's  landmark $75 million loan agreement signing ceremony with the International Finance Corporation (IFC) aimed at providing support to small businesses, particularly those owned by women, as well as to farmers and agribusiness in Tanzania held at the IFC headquarters in Washington DC on Friday April 11, 2014 in the sidelines of the World Bank-IMF Spring Meeting.

>Nine employees of Stanbic Bank in Dar es Salaam were arrested yesterday evening as the police moved in to investigate a walk-in robbery in which over Sh1 billion was reportedly carted away by armed suspects.

Monaco's Congo international midfielder Delvin N'Dinga is loaned for a second season to Greek champions Olympiakos.

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Tanzania Electric Supply Company Deputy Managing Director, (Investment) Decklan Mhaiki (2nd L), Tanga Cement Co Ltd Managing Director, Reinhardt Swart (2nd R) exchanging contact documents for power supply agreement in Dar es Salaam yesterday. The agreement assures TCCL to receive eduquate and reliable supply of electricity on the 132/33kv grid. Looking on left is TANESCO Legal Manager, Contracts and Commercial Affairs, Mwesiga Mwesigwa and right is TCCL Plant Manager, Eng. Ben Lema. 

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Malian striker Modibo Maiga joins French side Metz on a season-long loan from English Premier League club West Ham.